openPR Logo
Press release

Butter Market to Reach USD 56.03 Billion by 2030 with 4.11% CAGR

Butter Market

Butter Market

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐„๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ž๐ฌ ๐’๐ข๐ ๐ง๐ข๐Ÿ๐ข๐œ๐š๐ง๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก: ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐€๐œ๐ซ๐จ๐ฌ๐ฌ ๐Š๐ž๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง๐ฌ

The Butter Market is witnessing steady growth, driven by increasing demand from the food and beverage industry, rising consumer preference for natural products, and innovations in flavored and organic butter. Valued at US D 42.26 Bn. in 2023, the market is projected to grow at a CAGR of 4.11% from 2024 to 2030, reaching approximately US D 56.03 Bn. by 2030.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐๐š๐ญ๐š ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ฏ๐ข๐ž๐ฐ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž @https://www.maximizemarketresearch.com/request-sample/148628/

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's butter market is expanding due to increased urbanization and rising consumer demand for Western-style baked goods. Companies like ๐•๐ข๐ง๐š๐ฆ๐ข๐ฅ๐ค are investing in product diversification and partnerships with global dairy brands. Government incentives supporting dairy farming are further fueling market growth.

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's demand for butter is increasing, driven by its booming foodservice and bakery industries. Collaborations between local producers and international brands like ๐…๐จ๐ง๐ญ๐ž๐ซ๐ซ๐š have improved the availability of high-quality butter. The Thai government's focus on boosting the dairy sector provides additional opportunities.

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's butter market is characterized by a shift toward premium and organic options. Companies like ๐Œ๐ž๐ ๐ฆ๐ข๐ฅ๐ค ๐’๐ง๐จ๐ฐ ๐๐ซ๐š๐ง๐ and ๐Œ๐จ๐ซ๐ข๐ง๐š๐ ๐š ๐Œ๐ข๐ฅ๐ค ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ are expanding their portfolios with innovative products. Strategic mergers and collaborations, such as Megmilk's partnerships with bakery chains, underline consolidation trends.

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‚๐ก๐ข๐ง๐š

China's butter market is experiencing robust growth due to increasing Western-style bakery consumption and the rise of e-commerce platforms. Companies like ๐ˆ๐ง๐ง๐ž๐ซ ๐Œ๐จ๐ง๐ ๐จ๐ฅ๐ข๐š ๐˜๐ข๐ฅ๐ข and ๐Œ๐ž๐ง๐ ๐ง๐ข๐ฎ ๐ƒ๐š๐ข๐ซ๐ฒ are investing in local production to meet rising demand. Government policies supporting dairy import diversification are further enhancing market dynamics.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฏ๐ข๐š ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/148628/

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's butter market is growing due to rising demand for premium and organic dairy products. Companies like ๐’๐ž๐จ๐ฎ๐ฅ ๐ƒ๐š๐ข๐ซ๐ฒ ๐‚๐จ๐จ๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ฏ๐ž and ๐Œ๐š๐ž๐ข๐ฅ ๐ƒ๐š๐ข๐ซ๐ข๐ž๐ฌ are introducing high-quality butter to cater to health-conscious consumers. Partnerships with global dairy brands are further boosting market innovation.

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's butter market benefits from its thriving foodservice industry and consumer preference for artisanal and gourmet products. Companies like ๐€๐ง๐œ๐ก๐จ๐ซ and ๐๐ซ๐ž๐ฌ๐ข๐๐ž๐ง๐ญ are collaborating with local distributors to strengthen their presence. The government's initiatives promoting sustainable packaging for food products further add to market growth.

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The United States remains one of the largest markets for butter, driven by the rising popularity of baked goods and organic food products. Key players such as ๐‹๐š๐ง๐ ๐Ž'๐‹๐š๐ค๐ž๐ฌ, ๐Š๐ž๐ซ๐ซ๐ฒ๐ ๐จ๐ฅ๐, and ๐Ž๐ซ๐ ๐š๐ง๐ข๐œ ๐•๐š๐ฅ๐ฅ๐ž๐ฒ are expanding their portfolios with grass-fed and flavored butter options. Innovations in sustainable packaging are shaping the future of the market.

๐๐ฎ๐ญ๐ญ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's butter market is dominated by high-quality and specialty butter products, with companies like ๐€๐ซ๐ฅ๐š ๐…๐จ๐จ๐๐ฌ, ๐‹๐š๐œ๐ญ๐š๐ฅ๐ข๐ฌ, ๐š๐ง๐ ๐Š๐ž๐ซ๐ซ๐ฒ๐ ๐จ๐ฅ๐ leading the way. Strategic acquisitions and partnerships, such as Arla Foods' investments in premium butter production, are consolidating the market. EU policies promoting dairy sustainability further enhance growth prospects.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐•๐ข๐ง๐š๐ฆ๐ข๐ฅ๐ค partnered with international dairy brands to enhance butter production and export capacity in Vietnam.
๐…๐จ๐ง๐ญ๐ž๐ซ๐ซ๐š expanded its operations in Thailand by launching a new range of premium butter for the foodservice sector.
๐€๐ซ๐ฅ๐š ๐…๐จ๐จ๐๐ฌ announced investments in organic butter production facilities across Europe.
๐‹๐š๐ง๐ ๐Ž'๐‹๐š๐ค๐ž๐ฌ introduced innovative flavored butter options targeting health-conscious consumers in the US.

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/148628/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐›๐ฒ ๐๐š๐ญ๐ฎ๐ซ๐ž

Organic
Conventional

The two segments of the butter market are conventional and organic. Despite their high price and difficult availability, consumers' growing health consciousness has led to a remarkable demand for organic products. Consumers who are concerned about their health choose private label items since they are good, reliable, and affordable. These shifts in preference have opened up new markets for producers of organic goods. As a result of consumer demand, many producers have started selling organic butter.

๐›๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž

Food Processing Industry
Foodservice Industry
Retail/Household

The butter market is divided into three segments: retail/household, foodservice, and food processing. In the food industry, butter is typically used to make a variety of food items as well as for frying and making sauces.It is used to season a variety of packaged foods and snacks, such as wafers and sweets. Millennials' desire for unique flavors and sensations is expected to create chances for butter producers. Additionally, the increased usage of inexpensive food in developing economies due to busier lifestyles and increased consumption of food consumed outside the home is driving greater demand for butter in the food service sector.

๐›๐ฒ ๐…๐จ๐ซ๐ฆ

Spreadable
Non-spreadable

๐†๐ž๐ญ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/butter-market/148628/
๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

1.Royal FrieslandCampina N.V
2.Fonterra Co-operative Group Limited
3.Groupe Lactalis S.A.
4.Arla Foods amba
5.Amul (GCMMF)
6.Dean Foods Co
7.Glanbia Plc.
8.Saputo Inc.
9.Dairy Farmers of America
10.Valio Oy
11.Meiji Holdings Company, Ltd.
12.Land O' Lakes, Inc.
13.Granarolo S.P.A.
14.Nestlรฉ S.A.
15.Kerry Group
16.Sodiaal International SA
17.Britannia Industries Ltd

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

โ™ฆ Thin Boiling Starch Market https://www.maximizemarketresearch.com/market-report/thin-boiling-starch-market/147120/

โ™ฆ Wireless Keyboard Market https://www.maximizemarketresearch.com/market-report/global-wireless-keyboard-market/3701/

โ™ฆ Global Cesium Market https://www.maximizemarketresearch.com/market-report/global-cesium-market/89395/

โ™ฆ Industrial Palletizing Robots Market https://www.maximizemarketresearch.com/market-report/industrial-palletizing-robots-market/77409/

โ™ฆ Operational Technology Market https://www.maximizemarketresearch.com/market-report/operational-technology-market/171620/

โ™ฆ Global Fall Detection System Market https://www.maximizemarketresearch.com/market-report/global-fall-detection-system-market/25573/

โ™ฆ Global Conductive Inks Market https://www.maximizemarketresearch.com/market-report/global-conductive-inks-market/33202/

โ™ฆ Enterprise Risk Management Market https://www.maximizemarketresearch.com/market-report/global-enterprise-risk-management-market/39991/

โ™ฆ Global Soy Milk Market https://www.maximizemarketresearch.com/market-report/global-soy-milk-market/77593/

โ™ฆ Ductless HVAC System Market https://www.maximizemarketresearch.com/market-report/global-ductless-hvac-system-market/28305/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

MAXIMIZE MARKET RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Butter Market to Reach USD 56.03 Billion by 2030 with 4.11% CAGR here

News-ID: 3815752 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR - Clinical Trials Market Forecast Insights
Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR โ€ฆ
According to a new report by Maximize Market Research, the global Clinical Trials Market was valued at USD 54.83 billion in 2024 and is projected to reach USD 88.26 billion by 2032, growing at a CAGR of 6.13%. A major surge in biopharmaceutical R&D and oncology-focused studies is driving the global clinical trials market toward nearly USD 88.26 billion by 2032 at a 6.13% CAGR. โ–บ Get a sample of theโ€ฆ
Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5.16% Driven
Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5 โ€ฆ
Turbo Trainer Market size was valued at USD 281.52 Mn. in 2024 and the total Turbo Trainer revenue is expected to grow at 5.16% through 2025 to 2032, reaching nearly USD 421.03 Mn. Turbo Trainer Market Overview: The Turbo Trainer Market is witnessing significant growth as fitness enthusiasts increasingly adopt indoor cycling equipment for year-round training. Turbo trainers, which allow users to convert regular bicycles into stationary exercise machines, have become essentialโ€ฆ
Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of 7% Driven
Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of โ€ฆ
Sodium Acetate Market size was valued at USD 206.17 Million in 2024, and the total revenue is expected to grow at CAGR of 7 % from 2025 to 2032, reaching nearly USD 354.24 Million. Sodium Acetate Market Overview: The Sodium Acetate Market is experiencing steady growth due to its widespread applications across industries such as food and beverage, pharmaceuticals, textiles, and chemical manufacturing. Sodium acetate, a versatile salt of acetic acid, isโ€ฆ
India Tire Market to Reach USD 27.6 Billion by 2033 at 7.6 % CAGR -
India Tire Market to Reach USD 27.6 Billion by 2033 at 7.6 % CAGR - "India Tire โ€ฆ
According to a new report by Maximize Market Research, the India tire market was valued at approximately USD 13.4 billion in 2024 and is expected to climb to USD 27.6 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.6 %. The growth is underpinned by increasing automotive production, growing replacement demand, and rising adoption of radial tyres. โ–บ Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/21022/ โ™ฆ Key Highlights Market sizeโ€ฆ

All 5 Releases


More Releases for Butter

Butter Powder Market Report 2024 - Butter Powder Market Share And Trends
"The Business Research Company recently released a comprehensive report on the Global Butter Powder Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sampleโ€ฆ
BETTER BUTTER SPREADER REVIEWS: DOES BETTER BUTTER SPREADER WORTHS MY MONEY?
In our fast-paced world, where time is of the essence, the small yet crucial act of spreading butter on our morning toast can sometimes become an unexpected hurdle. Imagine that delightful aroma of freshly made toast wafting through the kitchen, and then the struggle of cold, unyielding butter. It's a scenario we've all experienced, and it can leave us torn between the desire for that perfect spread of butter andโ€ฆ
Global Butter Consumption Trends and Factors Influencing the Lucrative Butter Ma โ€ฆ
Introduction: Butter is a dairy product made from milk or cream. It is a popular ingredient in cooking and baking and is also consumed on its own. The global butter market is a mature market with a significant presence of both domestic and international players. This report will analyze the current state of the global butter market, its key drivers, challenges, and opportunities. Need More Insights on Competitor Analysis of the report,โ€ฆ
Oat Butter Market SWOT Analysis 2021 by Players - Lauds, Miyoko's Creamery, Natu โ€ฆ
According to our latest market study on "Oat Butter Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Category (Organic, Conventional); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, Others) and Geography," Oat butter is basically produced from the oil of the oat kernels having a yellowish orange to greenish soft solid color. Oats are a rich source of minerals, vitamins, fibers, and antioxidants which include avenanthramidesโ€ฆ
Peanut Butterย Market 2020-2027 Advance Study Focusing On Major Product Types- S โ€ฆ
Peanut Butterย Marketย Overview 2020-2027: Peanut butter market is anticipated to dominate the market with a market value of USD 4.20 billionย in 2019 and is expected to grow with aย growth rate of 6.10% in the forecast period of 2020 to 2027.ย  The latest Marketย report by a Data Bridge Market Researchย with the titleย [Global Peanut Butterย Marketย โ€“ Industry Trends and Forecast to 2027].ย  Get a PDF Sample copy (including COVID-19 impact analysis and up-to 30% discountย ) @ย  https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-peanut-butter-marketย  Inโ€ฆ
Global Almond Butter Market 2019-2025 : Barney Butter, MARANATHA, Futter's Nut B โ€ฆ
The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets capacities and on the changing structure of the Almond Butter Avail a sample copy before purchaseโ€ฆ